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SolutionMap: 54 Procurement Software Companies, Ranked (Q3 2018 Update)

procurement software

Spend Matters today released its Q3 2018 SolutionMap, ranking 54 procurement software companies across 12 different solution categories, including E-Procurement, Sourcing, Spend Analytics, Supplier Relationship Management and Contract Lifecycle Management — in addition to the first-ever release of the Contingent Workforce & Services SolutionMap. Click on this article to see how to access rankings for free!

E-Procurement

Membership Required BuyerQuest: What Makes It Great (Analysis)

BuyerQuest was one of the first e-procurement providers to focus significant efforts on improving the user experience beyond just a “walk-up” shopping UI. Examples of these efforts include leveraging behavioral analysis to support guidance during the procurement process and innovation in support of purchase order management and receiving capabilities. But...

Invoice-to-Pay (I2P)

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Basware: What Makes It Great (Invoice-to-Pay SolutionMap Analysis)

Editor’s note: This “What Makes It Great” column is normally reserved for SolutionMap Insider Subscribers, but Basware has generously agreed to support access for readers who are not yet members. The Spend Matters Invoice-to-Pay (I2P) SolutionMap is an amalgam of different markets. On the one hand, it includes capabilities that typically fit squarely...

Procure-to-Pay (P2P)

Membership Required Determine: What Makes It Great (Procure-to-Pay SolutionMap Analysis)

Determine offers a modular, adaptable procure-to-pay solution built on top of a powerful business rules engine and master data management platform. Ideal for industries with unique processes and dynamic compliance requirements (e.g., healthcare, financial services), global firms with cross-border systems, and any organization that emphasizes total cost of ownership for...

Contract Lifecycle Management (CLM)

SirionLabs: What Makes It Great (Contract Lifecycle Management SolutionMap Analysis)

Just when you thought the contract lifecycle management (CLM) software market fit within a neatly defined 2x2 graph, along comes a vendor that breaks the mold, offering top functional capabilities while also redefining exactly what a CLM provider is capable of. Who is this vendor, you ask? SirionLabs. Although it...

Strategic Procurement Technologies

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Membership Required Q3 2018 Strategic Procurement Technologies (Sourcing, Analytics, CLM and SRM): Provider Scoring Summary

This SolutionMap analyzes a select group of strategic procurement technology suite providers (inclusive of spend analytics, sourcing, supplier management and contract lifecycle management).

Spend and Procurement Analytics

Simfoni: What Makes It Great (Spend Analytics SolutionMap Analysis)

Spend analytics tools that stagnate age quickly. But solution providers that listen to customers, practice agile software development and bring a deep knowledge of procurement can flank a large cross section of incumbents — quickly. Simfoni, one of the top-ranked spend analytics software providers by both Analyst and Customer scoring...

Supplier Relationship Management (SRM)

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Membership Required Q3 2018 Supplier Relationship Management and Risk (SRM): Provider Scoring Summary

This SolutionMap scoring summary analyzes a select group of supplier management (SXM) providers. It includes coverage of supplier information management (SIM), supplier master data management (MDM), supplier performance management and broader initiative management (e.g., risk, third-party management) capabilities. It is part of our Q3 2018 SolutionMap report series, also featuring...

Zycus Sourcing: What Makes It Great (Analysis)

Zycus got its start in spend analytics. But over the past decade, it has quietly become one of the largest independent source-to-pay providers. Within its broader suite, Zycus sourcing is a stand-out capability, where it beats the SolutionMap benchmark average score for the majority of capabilities. Zycus has taken a...

Source-to-Pay (S2P)

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Membership Required Q3 2018 Source-to-Pay (S2P): Provider Scoring Summary

This SolutionMap analyzes a select group of source-to-pay solution providers. It is part of our Q3 2018 SolutionMap report series, also featuring spend analytics, sourcing, supplier management, contract management, e-procurement and invoice-to-pay providers. Our Q3 release also features SolutionMaps for Strategic Procurement Technology suites.

Contingent Workforce/Services

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Membership Required TalentNet: What Makes It Great (Independent Contract Workers SolutionMap Analysis)

TalentNet — a provider of talent acquisition, talent management and direct sourcing technology — enables organizations that are looking to source, manage and leverage independent contract workers (ICWs). TalentNet’s technology solution was recently evaluated in Spend Matters’ SolutionMap framework with the Independent Contract Workers (ICW) enterprise solution category. The ICW...